It was pitched as a way of adding support for Ethereum-style smart contracts, which in turn could facilitate new DeFi protocols as well as NFTs; the original Dogecoin blockchain lacked smart-contract support, since it was a fork of Litecoin, which in turn was an early clone of Bitcoin, the original blockchain launched in 2009 –…
“The Cronos zkEVM testnet represents an opportunity for Cronos Labs and our partners, including VVS, Fulcrom and Veno, to experiment with ZK layer 2 technology in order to prepare the next phase of growth starting in 2024,” Ken Timsit, managing director of Cronos Labs, said in a press release seen by CoinDesk. Source link
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